{"id":41316,"date":"2018-07-06T01:56:50","date_gmt":"2018-07-05T17:56:50","guid":{"rendered":"https:\/\/investpenang.gov.my\/trade-war-between-us-and-china-may-be-an-opportunity-for-malaysia-says-miti-minister\/"},"modified":"2025-12-03T08:45:15","modified_gmt":"2025-12-03T00:45:15","slug":"trade-war-between-us-and-china-may-be-an-opportunity-for-malaysia-says-miti-minister","status":"publish","type":"post","link":"https:\/\/investpenang.gov.my\/zh-hans\/trade-war-between-us-and-china-may-be-an-opportunity-for-malaysia-says-miti-minister\/","title":{"rendered":"Trade war between US and China may be an opportunity for Malaysia, says MITI minister"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; el_class=&#8221;sec-inner-banner&#8221; css=&#8221;.vc_custom_1703741584745{background-image: url(https:\/\/investpenang.gov.my\/wp-content\/uploads\/2023\/12\/contact-banner-bg.jpg?id=20253) !important;}&#8221; z_index=&#8221;&#8221;][vc_column][vc_row_inner row_type=&#8221;row&#8221; type=&#8221;grid&#8221; text_align=&#8221;left&#8221; css_animation=&#8221;&#8221; el_class=&#8221;inner-banner-row&#8221;][vc_column_inner][vc_column_text]<\/p>\n<h1 style=\"text-align: center;\">Trade war between US and China may be an opportunity for Malaysia, says MITI minister<\/h1>\n<p>[\/vc_column_text][vc_separator type=&#8221;normal&#8221; el_class=&#8221;red-separator&#8221; color=&#8221;#ee4023&#8243; transparency=&#8221;1&#8243; thickness=&#8221;2&#8243; up=&#8221;15&#8243; down=&#8221;15&#8243;][vc_column_text css=&#8221;&#8221; el_class=&#8221;white-text&#8221;]<\/p>\n<p style=\"text-align: center;\">6 July 2018<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; css=&#8221;.vc_custom_1703764846254{background-color: #f3f5f8 !important;}&#8221; z_index=&#8221;&#8221;][vc_column el_class=&#8221;fade-in animate&#8221;][vc_empty_space height=&#8221;120px&#8221; el_class=&#8221;height-x120&#8243;][vc_row_inner row_type=&#8221;row&#8221; type=&#8221;grid&#8221; text_align=&#8221;left&#8221; css_animation=&#8221;&#8221;][vc_column_inner][vc_single_image image=&#8221;29057&#8243; img_size=&#8221;full&#8221; qode_css_animation=&#8221;&#8221; el_class=&#8221;single-featured-image&#8221;][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=&#8221;60px&#8221; el_class=&#8221;height-x60&#8243;][vc_row_inner row_type=&#8221;row&#8221; type=&#8221;grid&#8221; text_align=&#8221;left&#8221; css_animation=&#8221;&#8221; el_class=&#8221;content-row&#8221;][vc_column_inner][vc_column_text]KUALA LUMPUR (July 5): Newly-minted Minister of International Trade and Industries Darell Leiking said the looming trade war that might be happening between the U.S. and China may present an opportunity for Malaysia to be a more significant trading partner with China.<\/p>\n<p>\u201cChina is a huge importer of our goods and we import a lot from them as well. I believe they will also look into us even more, [especially now] that a lot of their products are unable to go or are being tariffed by the U.S.,\u201d he said.<\/p>\n<p>When asked about the effect on Malaysia\u2019s trading relationship with China after the review and cancellation of some infrastructure projects with the country, Leiking assured there should not be any problem.<\/p>\n<p><strong>\u201cMalaysia is still the main hub that everybody wants to engage with. A lot of our industries are actually supplying to the world; there are a few components of things that are being produced, manufactured and exported out from here that are so needed all over the world. Hence, that means we are actually a really important component of the entire world,\u201d he said.<\/strong><\/p>\n<p>Leiking was speaking to reporters after a dialogue event dubbed &#8220;TechTarik Session \u2014 Moving the Industries into the Fourth Industrial Revolution&#8221;.<\/p>\n<p>The event was organised by Penang-based Collaborative Research in Engineering,Science and Technology (CREST) and held at Universiti Malaya, to gather industry practitioners to share their views and thoughts on the direction that shall be considered, in order to raise Malaysia\u2019s global trade efforts and standing.<\/p>\n<p>The dialogue featured a panel discussion on the topic: \u201cThe impact of the 4th Industrial Revolution on international trade and Malaysian industries\u201d.<\/p>\n<p>During his speech at the dialogue session, Leiking expressed his vision that the ministry, together with its industry stakeholders, will be able to chart a collaborative path forward for the benefit of the nation, as well as embrace innovation in facing disruptions and opportunities that come with the 4th Industrial Revolution.<\/p>\n<p>\u201cThe ministry have prepared whatever that needs to be prepared [to face Industry 4.0). At this point, it is just a matter of engagement. Also on my part, I need to really grasp into it and then, I\u2019ll push this further at the ministry level,\u201d he told reporters.<\/p>\n<p><strong>\u201cThere is a blueprint [on Industry 4.0] that the ministry will put out soon,\u201d Leiking added.<\/strong><\/p>\n<p>Source: <a href=\"https:\/\/www.theedgemarkets.com\/article\/trade-war-between-us-and-china-may-be-opportunity-malaysia-says-miti-minister\" target=\"_blank\" rel=\"noopener noreferrer\">The Edge Markets<\/a>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=&#8221;120px&#8221; el_class=&#8221;height-x120&#8243;][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<div class=\"events-time-box\">\n<h2>06<\/h2>\n<div>\n<p>Fri<\/p>\n<p>July \u201818<\/p>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"author":31,"featured_media":29057,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[316],"tags":[],"news_year":[272],"news_month":[225],"local_insights_alphabet":[],"acf":[],"_links":{"self":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/41316"}],"collection":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/comments?post=41316"}],"version-history":[{"count":2,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/41316\/revisions"}],"predecessor-version":[{"id":41320,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/41316\/revisions\/41320"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/media\/29057"}],"wp:attachment":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/media?parent=41316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/categories?post=41316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/tags?post=41316"},{"taxonomy":"news_year","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/news_year?post=41316"},{"taxonomy":"news_month","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/news_month?post=41316"},{"taxonomy":"local_insights_alphabet","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/local_insights_alphabet?post=41316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}